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AXS / TetherUS

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AXSUSDT trade ideas

🔥 AXS Ready To Fly: Strong Reversal IncomingAXS has been trading in a very steep bullish channel for over a year. However, during the most recent bearish move AXS was heavily shorted and sold off from $165 to $42, making it one of the biggest losers of the last few months. However, when the fall is steep, there's a high probability that the rise will be steep as well. Over the last week, AXS has been gaining around +35% and is shaping up to be one of the winners of the current week. I'm eyeballing the $100 resistance for the coming 2-3 weeks as a potential target. If things keep on being bullish, we might be looking at a new all-time high in the coming months, potentially end of summer. Happy trading!
Long
by FieryTrading
7
AXSUSDT - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 37.6000, beginning of uptrend is expected. We make sure when the resistance at 91.0875 breaks. If the support at 37.6000 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 44.42 on 2022-01-24 and the trough at 41.9 on 2022-02-24, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased. The RSI resistance #1 at 51 is broken, so the probability of beginning of uptrend is increased. A trough is formed in daily chart at 41.9000 on 02/24/2022, so more gains to resistance(s) 65.1427, 83.0000 and maximum to Major Resistance (91.0875) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 68. Take Profits: 65.1427 83.0000 91.0875 111.6055 120.4969 138.8161 166.1540 220.0000 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
Axie Infinity (AXSUSDT) mid tf Range Updated till 24-3-22Axie Infinity (AXSUSDT) midteir timeframe range. this is a fundamentally beast of an alt for its virtual use-case and active development. but i am here to talk about some Technical sides here. its got pretty decent price action cause of volume of course. it got swing setups, intraday setups, there are some scalp setups too but risk is kinda little bit higher than leveraged profit. there are not much of space between its zones its been occupied for the scalps and microtrades.
by cryptoforever1
AXIE INFINITY! THE $50 SUPPORT LEVEL WORKED OUT.Since November 2021, we have seen most cryptos and altcoins, even Bitcoin concede downtrend movements.. Price has continued to move to the downside here on AXS, but the support level at $50 has been holding strong so far.. We've seen price bounce multiple times from this key level. Would we see a bullish rally? Well, we might want to wait for uptrend structures to confirm a bullish rally. But we must understand that "buying the dip" is important at this time. The all-time high is priced around $163, so picking up AXSUSDT here at $50-$60 is really reallyyyyyy cheap, basically at a discounted price.. I'm long on AXS. I'll be waiting for a new ATH.
Long
by Men_of_The_Markets
2
The falling tend is broken, our direction is up.AXS broke RSI and retested it and turned its direction up, it has not broken its rising trend down yet, which is a positive situation for us. Indicators herald the coming of bulls. After breaking the RSI in June last year, it had risen from $4 to $80... I expect it to rise again with this breakout, although it's not that big. There is a correlation between AXS and SLP, they rise and fall at the same time. You can follow my opinion about SLP with the link I will leave below. Can you tell me what you see missing in my opinion or your appreciation by commenting, your ideas are important to me. If you like my idea, don't forget to like it and check out my other ideas. Be good to yourself. It is not investment advice.
by yasindemirhan97
3
AXS breakout longPrice has been holding long term daily support floor. Had a downtrend line that was broken to the upside 2 days ago and has been holding it and daily 20 ema line as support. Price had broke out on the 4h chart and has been forming flag. 2h and 1h charts are seeing bullish divergence on stoch as price is respecting a new short term uptrend line. Price had a 38% retracement from lows. Have bullish bias on total market for near term, this is a hedge to my short positions
Long
by CMSTrading